- Toncoin outperformed Bitcoin in 2024, with its TVL climbing to its highest level
- TON surged by 144.52% over the past year
Although Toncoin [TON] is currently struggling to record a sustained uptrend on the charts, the altcoin has made significant gains throughout the year. On the yearly charts, for instance, TON climbed by 144.52% to trade at $5.38 at press time.
Simply put, it has emerged to become one of the market’s best-performing cryptocurrencies over this period.
Source: CryptoQuant
That’s not all though as according to CryptoQuant, Toncoin even outperformed Bitcoin [BTC] in 2024.
Toncoin outperforms Bitcoin!
According to CryptoQuant’s analysis, TON outperformed Bitcoin throughout 2024, making the altcoin one of the few altcoins to surpass BTC in performance.
While most altcoins struggled to outpace Bitcoin’s returns in 2024, TON’s exceptional performance highlighted its unique dynamic and adoption.
Source: Cryptoquant
Accordingly, this performance resulted from growth acr
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Author: Gladys Makena
